Brief: Mastrad launches 1.66 million euro capital increase

Mastrad SA

17/03/2017 07:05

March 17 (Reuters) - Mastrad SA  ALMAS.PA : 
    * Realizes private placement of 0.784 million euros  
($844,838.40) 
    * Launches capital increase for a max of 1.660 million euros 
by public offer without preferential subscription rights 
    * Issuance of 2,307,692 common shares, which may be 
increased to maximum of 2,553,846 shares at a price of 0.65 euro 
per share 
    * Issue price is discount of 29.35 percent compared to the 
average close of the last 20 trading sessions preceding the 
decision to launch operation 
 
Source text for Eikon:  ID:nACT47759  
Further company coverage:  ALMAS.PA  
 
($1 = 0.9280 euros) 
 
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